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Peripheral Neuropathy Market to Touch USD 292.40 Million at 3.9% CAGR by 2025:Americas to Command Largest Share in Peripheral Neuropathy Industry

April 28th, 2020 Market Research Future Releases

Peripheral Neuropathy Market Analysis 

The global peripheral neuropathy market is predicted to touch USD 292.40 million at a 3.9% CAGR between 2019- 2025, reveals the new Market Research Future (MRFR) report. Peripheral neuropathy develops the moment the nerves in the body’s extremities like arms, feet, and hands are damaged. The symptoms rest on the nerve type affected. Some of its common causes include damage in peripheral nerves causing numbness and weakness in feet and hands, exposure to toxins, inherited causes, metabolic problems, infections, traumatic injuries, and mostly due to diabetes mellitus. This disorder can be of different types such as HIV/AIDS-associated peripheral neuropathy, idiopathic peripheral neuropathy, chemotherapy-induced peripheral neuropathy (CIPN), and diabetic peripheral neuropathy (DPN).

Various factors are adding to the global peripheral neuropathy market share. These factors, as per the new MRFR report, include increasing innovations & advancements in peripheral neuropathy, rising awareness about peripheral neuropathy, and growing use of chemotherapy for cancer patients.

 

On the contrary, strict government regulations may limit the peripheral neuropathy market growth over the forecast period.

Peripheral Neuropathy Market Segmentation

The MRFR Report provides an inclusive segmental analysis of the global peripheral neuropathy market based on end user, treatment, and type.

By type, the peripheral neuropathy market is segmented into HIV/AIDS-associated peripheral neuropathy, idiopathic peripheral neuropathy, chemotherapy-induced peripheral neuropathy (CIPN), and diabetic peripheral neuropathy (DPN). Of these, the DPN segment will lead the market over the forecast period for its rising cases in youths having diabetes. The CIPN segment is predicted to grow at the fastest pace over the forecast period for increasing use of chemotherapy to treat cancer patients.

By treatment, the peripheral neuropathy market is segmented into non-pharmacological therapies, pharmacological therapies, and others. Of these, the pharmacological therapies segment is predicted to dominate the market over the forecast period for these therapies being the primary treatment for peripheral neuropathy.

By end users, the peripheral neuropathy market is segmented into ambulatory centers, hospitals and clinics, and others. Of these, hospitals and clinics will spearhead the market over the forecast period for the increasing awareness regarding the availability of advanced treatments in hospitals. The ambulatory centers, on the other hand, are predicted to grow at the fastest pace over the forecast period for the availability of advanced medical technology and specialized medical services.

 

Peripheral Neuropathy Market Regional Analysis 

Based on the region, the global peripheral neuropathy market report covers the recent trends and growth opportunities across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will command the largest share in the market over the forecast period. Canada & the US are the top contributors in the region for the rising prevalence of diabetes and the presence of top key players.

The peripheral neuropathy market in Europe is predicted to hold the second-largest share over the forecast period for the rising prevalence of cancer, increasing awareness, and the availability of peripheral neuropathy treatment options.

The peripheral neuropathy market in the APAC region is predicted to grow at the fastest pace over the forecast period for the increasing geriatric population having chronic diseases such as cancer and diabetes.

The peripheral neuropathy market in the MEA is predicted to have the smallest share over the forecast period for limited exposure to advancements in technology and limited healthcare infrastructure.

Peripheral Neuropathy Market Key Players

Key players profiled in the global peripheral neuropathy market report include RxFunction, Inc. (US), F. Hoffmann-La Roche Ltd. (UK), Dr. Reddy’s Laboratories (India), Lupin Limited (India), Cipla Limited (India), Merck and Co. Inc. (US), GlaxoSmithKline plc (UK), Pfizer Inc (US), Eli Lilly and Company (US), Novartis AG (UK), Bristol Myers Squibb (US), and Abbott Laboratories (US). Industry players have incorporated strategies such as strategic alliances, mergers, acquisitions, geographical expansions, partnerships, product launches, and collaborations to create a foothold in the market.

Read Complete Report @ https://www.marketresearchfuture.com/reports/peripheral-neuropathy-market-8485   

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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